login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

How do I ensure that the Transfer Deed is complete before sending it to the Company?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

When the Transfer Deed with the filled in transferor’s details comes to you, please ensure that the requisite details such as folio number, certificate number, and distinctive number, name of the holder, name and address of witnesses are filled in. Please also ensure that the Transfer Deed is signed by the transferor(s) (signatures of all holders in case of joint holding) and the witness and is accompanied by the self attested copies of PAN Card of both, the transferor and the transferee.

Please note that attestation of transferor’s signature by a Manager of a nationalized bank is necessary where the transferor holds a savings account, however there will be rejection for transfer on account of signature mismatch despite of attestation being done.

Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and arrange for payment of stamp duty at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.

Related articles

Tips On How To Pay A Car Loan Early & Efficiently

Owning a car is no longer a luxury. Fortunately, with the availability of car loans from various banks and financial institutions, owning a car has become more affordable for many. However, taking on ...

KNOW MORE

April 17, 2024

Fixed Deposit Vs Savings Account: Where Should You Invest?

Getting started: Fixed deposit vs savings account Saving money is an important step towards achieving your life goals. However, simply saving money in a regular account may not be enough, as it doesn&...

KNOW MORE

May 8, 2024

Personal-Loans-For-Military-Personnel

Personal Loans For Military Personnel: What To Know

Introduction When it comes to financial planning, military families face unique challenges. Frequent relocations, deployments, and unpredictable expenses require careful management of finances. That&#...

KNOW MORE

August 13, 2024